KEY POINTS Green Energy International Limited, GEIL, has launched the Otakikpo Onshore Crude Oil Export Terminal, a $400 million facility described as a historic milestone in Nigeria’s energy industry. The …
green energy
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Energy TransitionIn the News
 FMF2024 Report: $5.4 Trillion Mineral Investment Needed for Energy Transition
FMF2024 report calls for $5.4 trillion in mineral investments by 2035 to meet energy transition goals and demand for critical minerals
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Africa needs $213.4 billion in climate financing by 2030, with private sector investment crucial to closing funding gaps.
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South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.
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Minister Ramokgopa’s vision for renewable energy in South Africa faces obstacles, including grid capacity and regulatory delays. Reforms are needed to fast-track green energy.
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Italy is considering lifting its nuclear energy ban, with plans to draft new legislation by 2025, potentially transforming its energy landscape. Â
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Oando Energy underscores the need for Nigeria to boost crude oil extraction to support economic growth amidst global energy shift pressures.
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Eskom is seeking an executive to lead its new renewables division, a critical step in transitioning to sustainable energy and addressing South Africa’s power challenges.
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Eskom has decided to decouple its renewable energy rollout from its coal power station closure plan, aiming to accelerate the adoption of renewable energy sources.
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Energy TransitionIn the News
Green Energy Spurs Massive Reindustrialization Opportunity in South Africa
Experts at Nedbank suggest that South Africa’s transition to green energy could fuel a transformative wave of reindustrialization, unlocking new opportunities for economic growth and sustainability.